Active Listing  ·  6 days on market

364 Sand Hills Ln

Austin, TX 78737
$775,000
4 Bed 4 Bath 3,063 sqft $253/sqft Built 2015 0.23 acres 3-Car Garage Pool Belterra Ph 4 Sec 13

Set on a quiet street in Belterra and backing to greenbelt, this single-story home offers 3,063 square feet with four bedrooms, three and a half baths, and an in-ground pool. Built in 2015, the layout works hard: multiple living and dining areas, a dedicated study, vaulted and high ceilings, crown molding throughout, and a primary suite on the main floor with no interior steps anywhere in the home. The kitchen has a built-in oven and gas cooktop and opens into the main living space, with a fireplace anchoring the living room and a separate dining area for the bigger gatherings. Outside, the covered patio looks onto the pool, with the greenbelt beyond and a three-car garage on a quarter-acre lot. Belterra brings its own draw: community pool, fitness center, playground, sport courts, parks, and miles of trails. Located in Dripping Springs ISD.

At $253/sqft, this home is 35% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

364 Sand Hills Ln, Austin, TX 78737

Property Details

Price $775,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,063 sqft
Lot Size 0.23 acres (9,931.68 sqft)
Year Built 2015
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Belterra Ph 4 Sec 13
County Hays
Zip Code 78737
$/sqft $253/sqft
Days on Market ,
HOA $137/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240150522
List Date July 29, 2026
Elementary School Rooster Springs
Middle School Sycamore Springs
High School Dripping Springs
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
11115 Shady Hollow Dr
Shady Hollow Add
$775,000 $286 4 bd / 3 ba 2,711 sqft , 2026-03-23
8910 Spicebrush Dr
Great Hills Sec 25
$775,000 $362 3 bd / 3 ba 2,139 sqft , 2026-05-08
5421 Korth Dr
Village At Western Oaks
$775,000 $243 4 bd / 3 ba 3,185 sqft , 2026-06-19
5004 Pack Saddle Pass
Western Trails Sec 08
$775,000 $331 4 bd / 3 ba 2,342 sqft , 2026-07-09
5005 Buffalo Pass
Western Trails Estates
$775,000 $379 4 bd / 2 ba 2,044 sqft , 2026-07-16

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$3,720/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$155,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$3,720
Principal + Interest−$4,229
Property Tax (~2.1% TX avg)−$1,356
Insurance (~0.5%)−$323
Est. Monthly Cash Flow $-2,188

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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